Silver X Delivers Steady Production During Fourth Quarter 2023 and Successfully Implements Shares for Debt Initiative

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Overig advies 02/02/2024 08:34
VANCOUVER, BC / ACCESSWIRE / February 1, 2024 / SILVER X MINING CORP. (TSXV:AGX)(OTCQB:AGXPF)(F:AGX) ("Silver X" or the "Company"), a rapidly expanding silver developer and producer in Central Peru, is pleased to announce its operating results for the fourth quarter ending December 31, 2023 ("Q4 2023") at the Company's Nueva Recuperada property (the "Project") in Peru.

Q4 2023 Production Highlights

Processing of 354,205 oz AgEq in Q4, 193% increase with respect to the previous quarter. Similar production levels as Q1 2023 (359,000 oz AgEq).
Successful restart of operations on September 19, 2023, with 445,000 oz AgEq processed. Average head grade of 308 g AgEq/t (9.78 oz AgEq/t)
Ramp-up continues alongside in-fill drilling activities to take the mine to its highest level of productivity.
Effective cost reduction strategies in place, having achieved a solid cost reduction in Q4.
"Our team is doing a great job in taking Recuperada back to positive cashflows," stated Jose M. Garcia, CEO of Silver X. "As a result of the operational reset between July and September last year, we have managed to streamline operations, improve performance, and run the mine at a more competitive cost. Those economic results will be published in the next few weeks. We continue to forge ahead in increasing throughput and to improve head-grades by better ore selectivity and more robust mine development. I look forward to a successful 2024 year ahead for Silver X." see & read more on

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